Post
Topic
Board Gambling discussion
Re: KYC and the $5 hammer
by
XCANA
on 25/07/2019, 18:03:09 UTC
A theme  topic, whatever often talked about on this forum, is the $5 hammer attack.
Many people suggest to keep your bitcoin holdings secret, thus preserving the anonymity of bitcoin to a certain degree.
But then you get sportsbooks asking for photos and passports, and god only knows what else.
If a sportsbook wants all this, I respectly suggest they change to fiat.
Agree with this, because some people use crypto to gamble is to make sure they still anonym, if ask people to do some KYC in crypto gambling site, it will not different with gambling site that use fiat.
That's correct because using cryptocurrency gambling platform's and still ask the gamblers to complete KYC makes me to think that such platform should have been a fiat gambling platform's and not cryptocurrency gambling platform's. Personally I will not comply to any gambling platform's that will request me for KYC or otherwise.